PM Dahal pledges to address issues pestering microfinance, cooperatives

Published On: February 21, 2024 05:58 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Feb 21: Prime Minister Pushpa Kamal Dahal has pledged to take initiatives to address issues pestering microfinance and cooperatives. During his meeting with the representatives of victims of microfinance and cooperatives at Singha Durbar today, the Prime Minister assured them of addressing the problems. 

Acknowledging the contribution of cooperatives and microfinances in connecting the rural people and the people from the indigent community with financial services, the Prime Minister said lately, the sectors were gripped with significant problems. "Some complications were contextual, while some were the consequences of professional dishonesty of members on the board of directors. The problems will be addressed gradually," he added. 

He also insisted on collective efforts to sort out the situation. 

During the discussions, the representatives thanked the government for its initiatives so far to improve the situation. 


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